((RAIN)) Rainmakers-Island

[The Rainmaker]

REN: The value of our favorable commodity hedges that Ted outlined is apparent with approximately 74% of 2015 forecast daily oil volumes hedged at a weighted average floor price in excess of $86 per barrel at 6,500 barrels per day in 2016, hedged at a weighted average price at over $80 per barrel. Our derivatives program has helped cushion our margins from the worst of commodity price declines and will continue to shore up our margins going forward. Fortunately, the majority of our acreage footprint is held by production, meaning that we do not need to drill wells in this current commodity pricing environment just to hold leases.